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Securing Helium for Science: Ensuring Research Continuity

This act aims to ensure that scientists with federal research grants maintain access to helium, which is crucial for many experiments. Even if federal helium reserves are sold, new owners will be required to continue supplying helium to researchers for eight years, safeguarding the future of scientific research.
Key points
Scientists with federal grants will have guaranteed access to helium for at least eight years, even after federal reserves are sold.
The price of helium for researchers will gradually increase, starting 5% above the last market price, then rising by 5% annually.
Any new owner of the Federal Helium Reserve must continue supplying helium to researchers under the same conditions as the government.
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Additional Information
Print number: 117_HR_655
Sponsor: Rep. Neguse, Joe [D-CO-2]
Process start date: 2021-02-01